Tyler Durden, the now Iconic Blogger at Zerohedge.com, points out once again the obvious and blatant manipulation of Gold and Silver futures markets. All while the US government regulators turn a blind eye and let it all happen. This flies in the face of “Commodities Law” let alone the purpose of the commodities markets – to eliminate price swings. These are big banks in a strategic and coordinated effort to drive price down at times of very low liquidity. They are selling un-backed short positions that they could never deliver on – But they are still net long so they will make out big when it turns – soon!
The few select Big Banks force the many technical (trend following) hedge funds to sell by triggering a crossover in the moving averages. Then these same manipulating big banks make BILLIONS riding the market back up when they then force the technical funds to buy back. All this is happening now in plain sight. Want to learn all about it? Google Ted Butler and read any one article on this that he has written since the 80’s. There is proof all over the internet. If you still think the market is not rigged, why?
The only safe play in the end is physical ownership of Gold and Silver. How long will this go on? Until THEY can’t get away with it any more or when the futures markets run out of physical metal for delivery, they fail or they lose credibility. The US paper market that is driving the physical price is already being phased out by Singapore exchanges and the physical supply is drying up. Look at the evidence: The US Government can’t deliver Germany’s gold back and the US mint must buy silver on the open market just to mint silver eagles. It’s like driving around with a broken gas gauge, the ride will end but you just don’t know when.
Do you want to shift money out of the general stock market “con game” at the highs and buy into a technology/gold play that pays out multiples in physical gold? How about a 3x return of $100,000 into $300,000 in PHYSICAL GOLD then watch that gold appreciate (2,3,4x) as the US dollar resumes it’s devaluation fall. Looks like a good time to ‘Sell the market high and then buy gold low’. Go to http://www.twistedpickmining.com/ to learn more.
What kind of “LEGACY” are you leaving for your children and grandchildren. Dollar Debt or Gold Wealth? Please share this post with someone who cares about their legacy.
